This Paper Straws market report endows with a far-reaching survey of key players in the market which is based on a range of objectives of an organization such as profiling, the product outline, the quantity of production, required raw material, and the financial health of the organization. One of the sections in the report covers the evaluation of probabilities of the new investment projects and overall research conclusions are offered. Thus, the transparent, truthful and extensive market information and data included in this global industry report will definitely help develop business and improve return on investment (ROI).
Global paper straws market is set to witness a healthy CAGR of 13.65% in the forecast period of 2019- 2026. The report contains data of the base year 2018 and historic year 2017. Rising demand for eco- friendly straws and rising environmental concern are the factor driving the market.
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Global Paper Straws Market By Material Type (Virgin Kraft Paper, Recycled Paper), Product (Printed Paper Straws, Non-Printed Paper Straws), Straw Length (15 cm), Sales Channel (Manufacturers, Distributors, Retailers, e-Retail), End- User (Food Service, Institutional, Household), Geography (North America, South America, Europe, Asia-Pacific, Middle East and Africa) – Industry Trends and Forecast to 2026
Complete report on Global Paper Straws Market Research Report 2019-2026 spread across 350 Pages, profiling Top companies and supports with tables and figures
Market Definition: Global Paper Straws Market
Paper straws are eco- friendly in nature as they are made of paper which makes them recyclable in nature. They are usually made of materials such as recycled paper and virgin Kraft paper. These straws are available in different sizes. These days paper straws are used more frequently as there is increasing environmental concern among population. These are widely used in food services which is the factor fuelling the growth of this market.
Key Questions Answered in Global Paper Straws Market Report:-
Our Report offers:-
- What will the market growth rate, Overview and Analysis by Type of Global Paper Straws Market in 2026?
- What are the key factors driving, Analysis by Applications and Countries Global Paper Straws Market?
- What are Dynamics, This Overview Includes Analysis of Scope, and price analysis of top Vendors Profiles of Global Paper Straws Market?
- Who are Opportunities, Risk and Driving Force of Global Paper Straws Market?
- Who are the opportunities and threats faced by the vendors in Global Paper Straws Market? Business Overview by Type, Applications, Gross Margin and Market Share
- What are the Global Paper Straws Market opportunities, market risk and market overview of the Market?
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Top Key Players:
- Hoffmaster Group, Inc., ,
- US PAPER STRAW,
- OKSTRAW – A SENSIL INTERNATIONAL, LLC.
- Transcend Packaging Ltd,
- MPM Marketing Services,
- Canada Brown Eco Products Ltd,
- ALECO INDUSTRIAL CO., LTD.,
- Ecolife Paper Products,
- Numis LLC,
- Stone Straw,
- B&B Straw Pack Co., Ltd.,
- NIPPON STRAW Co., Ltd.
- Increasing government campaign to ban plastic will drive the market growth
- Rising concern towards environment among population will propel the growth of the market
- Growing food outlet worldwide will also drive the growth of this market
- Increasing demand for ready to eat food will also act as a driver for this market
- High cost of the paper straw will restrain the market growth
- High production cost as compared to the plastic straws will also hinder the growth of this market
Key Developments in the Market:
- In May 2019, Huhtamaki announced the launch of their new foodservice packaging manufacturing facility in Northern Ireland. It is specially launched to produce paper straws which are made from the paper from sustainably managed forest. The main aim of the launch is to improve the environmental performance of the products and create more sustainable packaging products.
- In February 2019, SIG announced that they have partnered with Nestle so that they can develop paper straw on some of its portion- size packs. The main aim of the launch is to meet the requirement of the consumer to scarp plastic straws. These new straw will be created using paperboard from Forest Stewardship Council and will also help the SIG to use renewable materials.
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Global Paper Straws Market is segmented on the basis of
- Material Type
- Straw Length
- Sales Channel
Market Segmentations in Details:
By Material Type
- Virgin Kraft Paper
- Recycled Paper
- Printed Paper Straws
- Non-Printed Paper Straws
By Straw Length
- <7 cm
- 7 – 10 cm
- 10-15 cm
- >15 cm
By Sales Channel
By End- User
- Food Service
- United Kingdom
- Rest of Europe
- South Korea
- Rest of Asia Pacific
- Rest of South America
Middle East & Africa
- South Africa
- Saudi Arabia
- Rest of MEA
Competitive Analysis: Global Paper Straws Market
Global paper straws market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares paper straws market for global, Europe, North America, Asia-Pacific, South America and Middle East & Africa.
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